Gold is scarce, having money doesn't necessarily mean you can buy it

Thanh Bình - Khánh Nhiên |

At the DOJI Cau Giay branch in Hanoi, a sales staff member said that for the past 4-5 months, the facility has had no gold bars to sell.

At Bao Tin Minh Chau (Cau Giay, Hanoi), as soon as people stopped to park their cars, the staff asked customers if they were buying or selling gold. If they were buying gold bars, the store had been out of gold for over a month. As for gold rings, there were only 30 slots available per day, but they were sold out by morning. Many customers had to leave and wait to come back early the next morning.

Browsing through gold bar exchange groups on Facebook, many people post articles sharing that buying gold depends on luck.

If you are lucky enough to go to the gold shop early and act quickly, you will get gold bars. On the other hand, many people expressed regret and lamented that they have not been able to "hunt" for gold bars for many weeks.

On September 19, an account holder took a screenshot confirming that he had purchased 4 DOJI gold bars after 3 weeks of brands stopping selling gold. At the same time, the account holder also expressed concern that if he did not buy now, there would be no gold to buy in 1 month.

Chu tai khoan vui mung khi da “dat gach” duoc 4 chi vang DOJI sau 3 tuan. Anh: chup man hinh.

The account owner was happy to have “reserved” 4 DOJI gold bars online. Photo: Thanh Binh

Mr. Pham Viet Quy (Hoang Mai, Hanoi) came to Bao Tin Minh Chau to buy gold rings as a wedding gift for his sister but found that they were sold out for the day.

On the morning of September 21, at DOJI's gold store, Mr. Quy met someone who came to sell gold, so he exchanged directly and bought 1.5 taels of plain gold rings.

Mr. Quy shared: "The price of gold rings increased, when I went to the store I met a girl selling gold rings so I asked to buy and made a transaction immediately."

1,5 chi vang nhan tron anh Quy mua duoc qua tay nguoi khac. Anh: NVCC

1.5 taels of plain gold ring that Mr. Quy bought through someone else. Photo: NVCC

On the morning of September 21, the price of plain gold rings at a series of brands exceeded 80 million VND/tael.

Saigon Jewelry Company (SJC) listed the price of gold rings at 78.9 - 80.2 million VND/tael (buy - sell), an increase of 500,000 VND/tael compared to yesterday.

At DOJI Gold and Gemstone Group, gold rings increased to 79.4 - 80.55 million/tael (buy - sell).

Phu Nhuan Jewelry Company (PNJ) listed 79.5 - 80.55 million VND/tael (buy - sell).

The price of plain rings at Bao Tin Minh Chau is nearly 79.4 - 80.55 million/tael (buy - sell).

Nhieu nguoi the hien quan diem nen mua ngay khi con co the. Anh: chup man hinh.

On groups, many people are calling for buying now while still possible. Photo: Thanh Binh

Vang mieng khan hiem, khach hang den cac thuong hieu gio chi co the mua trang suc da quy. Anh: Thanh Binh.

Gold bars are scarce, customers coming to brands can now only buy gemstone jewelry. Photo: Thanh Binh.

World gold prices are rising, experts predict that in the near future, gold prices may increase to 2,600 USD/ounce, even 2,700 USD/ounce.

Sharing with reporters, Ms. Hoang Anh (52 years old, Cau Giay, Hanoi) said she was very anxious when she could not find gold rings or gold bars to prepare for her son's wedding.

"Yesterday I spent all day asking around at PNJ branches near my house, but all of them were out of gold rings and gold bars. My son will have his wedding in the 10th lunar month. The price of gold has increased, so I decided to withdraw my savings to buy at this time.

I asked online and saw that everywhere complained that even DOJI was out of stock. SJC gold bars sold at banks cannot be registered. I am very afraid that I will not be able to buy gold as a wedding gift for my child" - Ms. Hoang Anh shared.

Thanh Bình - Khánh Nhiên
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